How much do homeowners pay a month in Watson Township, MI?
Homeowners with a mortgage in Watson Township, MI pay a median of $1,461 (±$202) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $502 (±$109).
58.4% of owned homes carry a mortgage.
In Watson Township, the median monthly cost with a mortgage went from $1,132 in 2015–2019 to $1,461 in 2020–2024 (+29.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,461 (±$202)
- Without a mortgage
- $502 (±$109)
- Owned with a mortgage
- 58.4%
Monthly owner costs in Watson Township
| Watson Township | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,461 (±$202) | $1,523 (±$28) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $502 (±$109) | $575 (±$14) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 58.4% (±8.5 points) | 56.8% (±1.7 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,110 (±$391) | $2,884 (±$66) | $2,904 (±$9) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Watson Township, the median cost with a mortgage is not measurably different from Allegan County ($1,523).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Allegan County, Watson Township ranks 17 of 31 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 574 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Watson Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,132 (±$102) | $1,461 (±$202) | +29.1% | No measurable change after inflation |
| Median real estate taxes | $1,727 (±$165) | $2,110 (±$391) | +22.2% | No measurable change after inflation |
| Median home value | $159,600 (±$8,594) | $214,000 (±$14,943) | +34.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Watson Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Watson Township | — | $1,461 (±$202) | — |
| Martin | 4.4 mi | $1,268 (±$99) | Not measurably different |
| Otsego Township | 5.2 mi | $1,439 (±$231) | Not measurably different |
| Martin Township | 5.6 mi | $1,362 (±$56) | Not measurably different |
| Allegan Township | 5.7 mi | $1,428 (±$117) | Not measurably different |
| Hopkins | 5.7 mi | $1,337 (±$199) | Not measurably different |
| Hopkins Township | 5.8 mi | $1,446 (±$120) | Not measurably different |
| Allegan | 6.0 mi | $1,183 (±$106) | Lower |
| Otsego | 6.3 mi | $1,144 (±$51) | Lower |
Nearby places with a measurably lower figure: Allegan, MI ($1,183), Otsego, MI ($1,144).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Allegan County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 11 | Gun Plain Township | $1,643 (±$217) |
| 12 | Overisel Township | $1,522 (±$138) |
| 13 | Salem Township (Allegan County) | $1,505 (±$177) |
| 14 | Ganges Township | $1,493 (±$169) |
| 15 | Cheshire Township | $1,480 (±$180) |
| 16 | Plainwell | $1,464 (±$275) |
| 17 | Watson Township | $1,461 (±$202) |
| 18 | Dorr Township | $1,457 (±$114) |
| 19 | Clyde Township (Allegan County) | $1,447 (±$96) |
| 20 | Hopkins Township | $1,446 (±$120) |
| 21 | Otsego Township | $1,439 (±$231) |
| 22 | Allegan Township | $1,428 (±$117) |
| 23 | Trowbridge Township | $1,401 (±$244) |
Showing 13 of 31 places in Allegan County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Watson Township
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Questions about Watson Township
What is the average mortgage payment in Watson Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Watson Township, MI is $1,461 (±$202) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Watson Township?
Owners without a mortgage in Watson Township pay a median of $502 (±$109) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Watson Township gone up?
In Watson Township, the median monthly cost with a mortgage went from $1,132 in 2015–2019 to $1,461 in 2020–2024 (+29.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watson township, Allegan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Watson township, Allegan County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Watson township, Allegan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Watson township, Allegan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Watson township, Allegan County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Watson township, Allegan County, Michigan (county subdivision:84580, in state:26 county:005).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Watson Township at a glance
- Income and affordability in Watson Township
- Home values in Watson Township
- Property taxes in Watson Township
- Types of homes in Watson Township
- Bedrooms in Watson Township
- Age of homes in Watson Township
- Heating fuel in Watson Township
- Commute and cars in Watson Township
- Population growth in Watson Township
- How long people stay in Watson Township
- Michigan landlord and tenant rules
- Housing across Allegan County
- Housing data for every place in Michigan